John Cockerill Hydrogen Secures €116 Million to Fuel Global Expansion in Clean Hydrogen
Key Insights
John Cockerill Hydrogen has raised €116 million in new funding, with contributions from Belgium’s SFPIM, Wallonie Entreprendre, and Fluxys, to expand its hydrogen electrolyzer production.
The funding will support the company’s global growth, including large-scale electrolyzer manufacturing in Europe and a partnership in India for green ammonia production.
This follows a €230 million raise earlier in 2024, bringing total capital to €346 million, aimed at scaling operations and advancing pressurized alkaline electrolyzer technology.
John Cockerill Hydrogen is positioning itself as a key player in the global hydrogen economy, with projects spanning Europe, India, and beyond.
John Cockerill Hydrogen has secured €116 million in new funding to accelerate its expansion in the global hydrogen market, with investments from Belgium’s Federal Holding and Investment Company (SFPIM), Wallonie Entreprendre, and energy infrastructure group Fluxys. The latest funding round reinforces the company’s commitment to scaling its production of pressurized alkaline electrolyzers, a critical technology for green hydrogen production. Fluxys, which has taken an equity stake, will also collaborate on developing hydrogen transport infrastructure, aligning with Belgium’s clean energy strategy.
The funding follows a €230 million capital raise earlier this year, bringing the total investment to €346 million. These funds will be directed toward expanding manufacturing capacity in Europe, where John Cockerill operates facilities in Aspach, France, and Seraing, Belgium. The company is also partnering with AM Green in India to supply electrolyzers for what will become the country’s largest green ammonia facility. This project underscores the growing demand for hydrogen solutions in emerging markets.
John Cockerill Hydrogen’s electrolyzers are central to decarbonizing industries such as energy, transportation, and manufacturing. The company’s focus on innovation and scalability has positioned it as a leader in the hydrogen sector, with a robust pipeline of international projects. By establishing manufacturing hubs worldwide, John Cockerill aims to meet the rising demand for clean hydrogen and support the global energy transition.
Fluxys’ involvement highlights the importance of integrating hydrogen production with transport infrastructure, ensuring a seamless supply chain for green hydrogen. With SLB and Rely (a joint venture between Technip Energies and John Cockerill) also backing the company, John Cockerill Hydrogen is well-positioned to drive the adoption of hydrogen as a cornerstone of sustainable energy systems.